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Bitcoin Price Analysis: Keep an Eye Out for a Close Above the Current High

Shortly after falling from its test of the low $4,000s, bitcoin managed to find support in the mid $3,500s. This has proven to be a relevant level over the last few months, and finding support here would be a sign of relatively strong demand:Figure 1: BTC-USD, Daily Candles, Local SupportThe high candle spread rejection following our test of the low $4,000s was an indication that we had strong levels of supply left in the market, but for the time being we are holding support. дальше »

2019-3-1 03:44


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Bitcoin Price Analysis: Bitcoin Tests Boundary Support as Demand Weakens

Following last Friday’s drop, bitcoin has found itself coiled, once again, at the bottom of the range it established back in December. With the current market unable to close a new high, the market finds itself in a precarious position:Figure 1: BTC-USD, Daily Candles, Range Support TestThe blue support level shown above illustrates the boundary of the multi-week range bitcoin has been bound by. дальше »

2019-1-18 02:02


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Markets Update: Crypto Prices Drift Sideways While Traders Remain Uncertain

A lot has changed since our last markets update as digital asset prices have been consolidating after the cryptoconomy’s last big drop in value. The entire ecosystem’s market valuation has lost about $10 billion over the last week, but stronger global trade volumes have managed to keep values afloat at current prices as traders await […] The post Markets Update: Crypto Prices Drift Sideways While Traders Remain Uncertain appeared first on Bitcoin News. дальше »

2019-1-17 20:15


Post-Christmas market recovery: Polymath (POLY) leading the way ahead of Tron (TRX) and ChainLink (LINK)

After reaching $146 billion on 24th, the whole market took a dive and trimmed $18 billion to drop to the weekly low of $127 billion on 25th before bouncing back up to the current $131 billion. The modest push to the north was led by Polymath, a platform that aims to be “Ethereum for security […] The post Post-Christmas market recovery: Polymath (POLY) leading the way ahead of Tron (TRX) and ChainLink (LINK) appeared first on CaptainAltcoin. дальше »

2018-12-26 07:52


Newsflash: Bitcoin Cash survival in jeopardy while Lightning Network development soars

Bitmain could fire up to 50% of its staffers which doesn’t bode well for BCH Chinese cryptocurrency mining giant Bitmain is not faring that well at the moment. This current environment of low crypto prices caused a sharp drop of interest for new mining equipment, and companies like Bitmain have felt that the most. дальше »

2018-12-25 23:48


What will be a success for Litecoin (LTC) in 2019? Probably just staying alive.

Litecoin has been in existence since 2011. The market was swept with new altcoins (shitcoins?) in the last two years which saw Litecoin drop behind in media coverage and buyer’s attention. Once second largest cryptocurrency, Litecoin got pushed down by new projects one by one to its current 7th position in the rankings of crypto […] The post What will be a success for Litecoin (LTC) in 2019? Probably just staying alive. appeared first on CaptainAltcoin. дальше »

2018-12-24 03:45


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Bitcoin Price Analysis: Wait and See Where Recent Signs of Strength Lead

This week realized a big gain as bitcoin enjoyed a 25% rally from its local bottom before topping out around $4,400. Support currently appears to be established in the mid-$3,000s as the market remains indecisive over its next move:Figure 1: BTC-USD, Daily Candles, Current Support LevelFigure 1 shows the relevance of the current support level as it represents a previous support level that was never properly retested during last year’s parabolic bull market. дальше »

2018-11-30 01:45


Ether Price Analysis: Untested Support Leaves Shaky Foundation During Drop

Much like the rest of the crypto market, ether has found itself devalued by more than 90% since its all-time high of $1,400 back in December of 2017. And now, almost a year later, ether sits just above $100 on what appears to be shaky ground during its latest round of selling over the last few weeks:Figure 1: ETH-USD, Daily Candles, Rapid DescentSimilar to bitcoin’s movement discussed in yesterday’s article, ETH-USD experienced a parabolic growth profile during its bull run. дальше »

2018-11-28 01:55


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Bitcoin Hashrate Drop Sparks Rumors of $3.8K Miner ‘Turn-Off Price’

The drop in Bitcoin hashrate has sparked rumors China has turned off huge numbers of mining rigs as the process is no longer profitable. ‘More Economic To Turn Them Off’ Video and photo content which allegedly came from F2Pool owner BitFish hit western social media November 20, being uploaded by local news feed cnLedger and Primitive partner Dovey Wan. дальше »

2018-11-21 20:00


Bloomberg Crypto Forecasts Bitcoin Price to Fall Below $2,000, Cites New Excitement Finally Coming

Bloomberg’s Intelligence Agency came out with an interesting prediction this week, reporting that Bitcoin “has further to fail.” According to analysts, Bitcoin is not boring anymore and the price could continue falling to a point as low as $1,500, which would be a 70 percent drop from the current price. According to Travis Kiling, a […] дальше »

2018-11-19 17:53


Bitcoin [BTC] Continues to Trade in Range Since Monday’s Drop

Since Mondays 3% drop, Bitcoin has started to trade in a range once again. Prior to Monday’s drop, Bitcoin traded a tight range for around two weeks with low amounts of trading volume. The trading volume over the past two days have also been low and current price action is looking very similar to the […] Bitcoin [BTC] Continues to Trade in Range Since Monday’s Drop was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News. дальше »

2018-10-31 17:24


XRP Crashes 40% From September High

This year has been a strange one for XRP (and digital currency in general!), the token has seen fluctuation after fluctuation and the price has never stayed in one area for a long period of time. The token, owned and designed by Ripple, has recently seen a change in price over the past month and even a time when we thought that the bad times were essentially over but now it has crashed down by over 40% from its high in September of $0. дальше »

2018-10-11 12:30


Ether Price Analysis: Market Indecision Could Cause Short Covering Rally

When we last discussed the ETH-USD pair, the price was testing support in the mid $200 range. Since then, the market has dropped another 30% as ether tests the waters in the upper $190 range:Figure 1: ETH-USD, 1-Day Candles, Macro TrendThe volume on the current drop has been exceptionally high compared to the beginning of its descent from the $800s. дальше »

2018-9-11 01:02